Valero 8018 and 1394

It is my understanding the outages Valero incurred at the above locations are
force majure situations during December and should not trigger the buyback
feature of the contract.

Gary, I have not seen any documentation of this from Valero. Please follow up
with your counterpart to secure the letter of notice or we will need to
process the deal as if the buyback is active.

Thanks

Ken